4948 North Christiana Avenue

Chicago, IL 60625

$1,699,000
Price
18
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The subject investment property is an 8 unit multifamily building in an up and coming Chicago's Albany Park. Rehabbed building features 6 two bedroom/one bath units and 2 three bedroom/1 bath units, 4 car garage and laundry facility for extra income. All units feature Central heat and AC, newer kitchens with granite countertops, newer bathrooms. Building features new roof, upgraded electric, mostly coper plumbing, newer porch. It is a great opportunity to acquire a rehabbed multifamily building with...The subject investment property is an 8 unit multifamily building in an up and coming Chicago's Albany Park. Rehabbed building features 6 two bedroom/one bath units and 2 three bedroom/1 bath units, 4 car garage and laundry facility for extra income. All units feature Central heat and AC, newer kitchens with granite countertops, newer bathrooms. Building features new roof, upgraded electric, mostly coper plumbing, newer porch. It is a great opportunity to acquire a rehabbed multifamily building with ability to increase rents.
  1. Listed by Valery Vasilyev • Core Realty & Investments, Inc

Property Details for 4948 North Christiana Avenue

Area
CHI - Albany Park
Zoning
MULTI

Location

Listing Courtesy of Core Realty & Investments, Inc
Add your commute
LISTING UPDATED: 04/29/2024 08:36 PM

Property Details for 4948 North Christiana Avenue

StatusPrice Change
MLS #11964367
Days on Market102
Taxes$22,086 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1923
Lot Size0.13 AC / 5,625 SF
CountyCook County

Location

Listing Courtesy of Core Realty & Investments, Inc
Add your commute

Building Information for 4948 North Christiana Avenue

Stories-Residences8Year Built1923Building Size-Lot Size0.13 AC / 5,625 SF

Payment Calculator

$11,113 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,272

Property Taxes

$1,841

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4948 North Christiana Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 4.0
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • # Of Washers: 2
  • Heat/Ventilation: Central Heat/Indiv Controls
  • # Of Refrigerators: 8
  • # Of Dryers: 2
  • # Of Disposals: 8
  • # Of Dishwashers: 8
  • Num of Baths: 8.0
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 5,625 SF
  • Stories: 3
  • Exterior Building Type: Brick
  • Fire Protection: Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 8
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2024-02-02T01:41:04
  • Photos Count: 20
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $2,500.00
  • Fuel Expense: $2,800.00
  • Gross Income: $140,200.00
  • Gross Scheduled Income: $147,600.00
  • Insurance Expense: $4,480.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 500
  • Trash Expense Source: Actual
  • Total Monthly Income: 12300
  • Water Expense Source: Actual
  • Net Operating Income: $109,364.00
  • Operating Expense: $38,236.00
  • Other Expense: $.00
  • Trash Expense: $2,040.00
  • Water Sewer Expense: $3,640.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 2
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 4948 North Christiana Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4948 North Christiana Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hibbard Elementary School
PublicPK to 6

Roosevelt High School
Public9 to 12

Von Steuben Metro Science High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4948 North Christiana Avenue is a multi-family home for sale in Chicago, IL 60625. This property was listed for sale on January 19, 2024 by Core Realty & Investments, Inc, it's currently listed at $1,699,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Hibbard Elementary School, Albany Park Multicultural Elementary School and Roosevelt High School. 4948 North Christiana Avenue is a 18-bed, 8-bath, multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Core Realty & Investments, Inc

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.